Acquiring another insured stock depository institution as part of a conversion.

1. Law
2. CFR 12
3. Banks and Banking
4. Federal Reserve System
5. Board of Governors of the Federal Reserve System
6. Mutual Holding Companies (Regulation Mm)
7. Conversions From Mutual to Stock Form
8. Acquiring another insured stock depository institution as part of a conversion.

§ 239.51 Acquiring another insured stock depository institution as part of a conversion.

When a mutual holding company converts to stock form, the subsidiary savings association may acquire for cash or stock another insured depository institution that is already in the stock form of ownership.

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